About Elif
Elif is a company based in Istanbul (Turkey) founded in 1972 was acquired by Huhtamaki in August 2021.. Elif offers products and services including Sustainable Packaging and Pre-Made Bags and Pouches.
- Headquarter Istanbul, Turkey
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Email
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Phone
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Website
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Social
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- Legal Name Elif Holding A.Ş
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Products & Services of Elif
Elif offers a comprehensive portfolio of products and services, including Sustainable Packaging and Pre-Made Bags and Pouches. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Sustainable packaging solutions are provided for food and beverage industries to protect products and minimize environmental impact
Pre-made bags and pouches are supplied for various sectors including pet care and industrial uses to ensure hygiene and safety
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Funding Insights of Elif
- Total Funding Total Funding
- Total Rounds 1
- Last Round Grant — $275,000
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First Round
First Round
(01 Sep 2024)
- Investors Count 1
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Sep, 2024 | Amount | Grant - Elif | Valuation |
investors |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Elif
Elif has secured backing from 3 investors, including institutional and venture fund investors. Prominent investors backing the company include Huhtamaki, National Science Foundation and Turkven. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
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Venture advisory and investment services through entities in Guernsey and Istanbul.
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Founded Year | Domain | Location | |
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A government-backed foundation providing seed-stage investments to support small businesses.
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Founded Year | Domain | Location | |
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Consumer and food packaging products are manufactured globally.
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Elif
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - Elif
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Elif Comparisons
Competitors of Elif
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Frequently Asked Questions about Elif
When was Elif founded?
Elif was founded in 1972 and raised its 1st funding round 52 years after it was founded.
Where is Elif located?
Elif is headquartered in Istanbul, Turkey.
Who is the current CEO of Elif?
Selcuk Yarangumelioglu is the current CEO of Elif.
What does Elif do?
Elif was established in 1972 in Istanbul, Turkey, as a provider in the packaging sector. Services encompassing packaging solutions are delivered to industrial clients, with operations based primarily in Turkey. The company maintains a focus on standard packaging processes, supported by a leadership team including CEO Selcuk Yarangumelioglu. Its online presence is accessible via elif.com, serving regional and potentially international markets in manufacturing and distribution.
What products or services does Elif offer?
Elif offers Sustainable Packaging and Pre-Made Bags and Pouches.
Who are Elif's investors?
Elif has 3 investors. Key investors include Huhtamaki, National Science Foundation, and Turkven.